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1D
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1M
3M
6M
YTD
1Y
2Y
5Y
ALL
Market cap
$4.21B
EPS
2.85
P/E ratio
--
Price to sales
3.07
Dividend yield
23.386%
Beta
0.076468
Previous close
$40
Today's open
$41.15
Day's range
$38.97 - $41.55
52 week range
$19.30 - $41.55
show more
CEO
Jacob Balslev Meldgaard
Employees
479
Headquarters
London,
Exchange
Nasdaq Global Select
Shares outstanding
102650777
Issue type
Common Stock
Energy
Fossil Fuels
TORM plc announces pricing of secondary public offering of its class A common shares
HELLERUP, Denmark, Oct. 6, 2026 /PRNewswire/ -- TORM plc (the "Company" or "TORM") (NASDAQ: TRMD) (NASDAQ: TRMD A) today announces the pricing of a secondary public offering of 6,329,874 (six million three hundred twenty-nine thousand eight hundred seventy-four) of the Company's Class A common shares by OCM Njord Holdings S.à r.l. (the "Selling Shareholder"), a company indirectly owned by funds indirectly managed by Oaktree Capital Management GP, LLC and its affiliates, for gross proceeds to the Selling Shareholder of approximately U.S. $253,500,000 (two hundred fifty-three million five hundred thousand).
PRNewsWire • 19 hours ago

TORM plc announces secondary public offering of its class A common shares by a selling shareholder
HELLERUP, Denmark, Oct. 5, 2026 /PRNewswire/ -- TORM plc (the "Company" or "TORM") (NASDAQ: TRMD) or (NASDAQ: TRMD A) today announces the commencement of a secondary public offering of 6,329,874 of the Company's Class A common shares by OCM Njord Holdings S.à r.l. (the "Selling Shareholder"), a company indirectly owned by funds indirectly managed by Oaktree Capital Management GP, LLC and its affiliates.
PRNewsWire • Oct 5, 2026

TORM: The Dividend Is Real, But Spot Rates Won't Last Forever
TORM is a top operator in product tankers, but current pricing reflects already profitable freight rates, limiting near-term upside. I rate TRMD as HOLD, with a 12–18 month price target of $36.17, just 5.4% above current levels; entry is attractive below $30. Q3 contracted rates are 34.9% below Q2, signaling normalization; dividends and profits will likely decline from recent highs.
Seeking Alpha • Oct 1, 2026

Torm PLC - Major Shareholder Announcement
HELLERUP, Denmark, Sept. 28, 2026 /PRNewswire/ -- Pursuant to section 30 of the Danish Capital Markets Act, TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) hereby announces that: OCM Njord Holdings S.
PRNewsWire • Sep 28, 2026

Report on transactions in TORM plc securities by directors and executive officers and their closely associated persons
HELLERUP, Denmark, Sept. 28, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) has been notified of the following transaction in TORM plc securities: Details of the reporting person / closely associated person Name Jacob Balslev Meldgaard Reason for the notification Position/status CEO/Executive Director Initial notification/Amendment Initial notification Details of the issuer Name TORM plc LEI code 213800VL1H1ABVM1ZF63 Details of the transaction(s) Description of the financial instrument Identification code Shares (ISIN: GB00BZ3CNK81) Nature of the transaction Exercise of restricted share units Price(s) and volume(s) Price(s) Volume(s) DKK 179.80 85,067 Aggregated information - Volume - Price 85,067 shares DKK 15,295,046.60 Date of the transaction 24 September 2026 Place of the transaction Outside a trading venue Contact Mikael Bo Larsen, Head of Investor RelationsTel.
PRNewsWire • Sep 28, 2026

TORM plc capital increase in connection with RSU exercise as part of TORM's incentive program
HELLERUP, Denmark, Sept. 24, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) has increased its share capital by 97,089 Class A shares, corresponding to a nominal increase of USD 970.89, as a result of the exercise of a corresponding number of Restricted Share Units ("RSUs").
PRNewsWire • Sep 24, 2026

HAFNIA LIMITED: Acquisition of an Additional 1.7 Million TORM Shares
SINGAPORE--(BUSINESS WIRE)--Hafnia Limited ("Hafnia", the "Company", OSE ticker code: "HAFNI", NYSE ticker code: "HAFN") has agreed to acquire 1,700,000 A shares in TORM plc ("TORM", CSE ticker code: "TRMD A", NASDAQ ticker code: "TRMD") at a price per share of USD 34.00, representing 1.66% of the issued and outstanding share capital of TORM as of the date hereof. Upon completion of this acquisition, Hafnia will hold approximately 19.85% of the issued and outstanding share capital of TORM. Hafn.
Business Wire • Sep 24, 2026

TORM plc - Major Shareholder Announcement
HELLERUP, Denmark, Sept. 18, 2026 /PRNewswire/ -- Pursuant to section 30 of the Danish Capital Markets Act, TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) hereby announces that: Hafnia Limited ("Hafnia") has informed TORM plc that Hafnia has acquired in aggregate 4,500,000 Class A shares in TORM plc, and as a result now holds in total 18,656,061 Class A shares in TORM plc, corresponding to approximately 18.19 % of the total issued share capital and total voting rights in TORM plc.
PRNewsWire • Sep 18, 2026

TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive program
HELLERUP, Denmark, Sept. 18, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) has increased its share capital by 132,421 Class A shares, corresponding to a nominal increase of USD 1,324.21, as a result of the exercise of a corresponding number of Restricted Share Units ("RSUs").
PRNewsWire • Sep 18, 2026

TORM plc announces closing of secondary public offering of its class A common shares
HELLERUP, Denmark, Sept. 16, 2026 /PRNewswire/ -- TORM plc (the "Company" or "TORM") (NASDAQ: TRMD) (NASDAQ: TRMD A) today announces the closing of the previously announced secondary public offering of 9,000,000 of the Company's Class A common shares by OCM Njord Holdings S.
PRNewsWire • Sep 17, 2026

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